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Total 362 results found. Search for [ Organization of the Petroleum Exporting Countries ]

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Alex Lawler
London, January 15, 2015
OPEC also trimmed the rate of growth in non-OPEC supply partly due to a slowdown in the US shale boom.

BT Online Bureau
New Delhi, January 14, 2015
The price of petrol in Delhi has now come down to Rs 61.33 per litre from Rs 72.26 a litre last April. The price of diesel has also fallen from Rs 55.49 to Rs 50.51 during this period.

Henning Gloystein
Singapore, January 14, 2015
\"Our latest forecast calls for Brent oil to average $45 per barrel during 1Q15 (the first quarter of 2015),\" Nomura bank said on Wednesday.

Mahesh Nayak
January 12, 2015
A stronger dollar means you pay less for commodities denominated in dollars such as oil. Also, it makes oil more expensive for the rest of the world, which pays with other currencies that are weaker relative to the dollar.

Mail Today Bureau
New Delhi, January 8, 2015
According to sources, while the government has increased the excise duty on petrol and diesel, it is now expected to allow oil firms to pass on the lower prices to consumers.

New Delhi, January 7, 2015
The demand for crude oil has been falling with major consumers such as US and Canada exploring other alternatives of energy such as shale gas to reduce their dependence on the OPEC nations.

Florence Tan
Singapore, January 6, 2015
Brent crude price touched a fresh low since May 2009 at US $52.28 a barrel on Tuesday, although it recovered slightly to US $52.83 by 1:00 pm, down 28 cents.

Florence Tan
Singapore, January 5, 2015
US crude slid as low as $51.40 a barrel on Monday, its lowest since May 2009, and at 0535 GMT was at $51.60 a barrel, still down $1.09.

New Delhi, January 1, 2015
The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 7,520.52 per kilolitre, or 12.5 per cent, to Rs 52,422.92 per kl, oil companies announced on Thursday.

Keith Wallis
Singapore, December 30, 2014
Ken Hasegawa, commodity sales manager at Tokyo's Newedge Japan said Brent could drop to $55 a barrel and US crude to $50 a barrel early next year.

Rahul Oberoi/Money Today
January 9, 2015
In 2014, metals - both precious and base - fell after the US Fed ended its quantitative easing programme, reducing liquidity. Slowdown in China added to the woes.

Keith Wallis
Singapore, December 24, 2014
US crude fell 53 cents to $56.59, after settling $1.86 higher in the previous session, hurt by industry data that showed a surprise build in domestic crude stocks.

Rania El Gamal
Abu Dhabi, December 23, 2014
The delegates, some of which are from core Gulf OPEC producing countries, said they may not see a return of crude oil prices to US $100 any time soon.

Henning Gloystein
Singapore, December 23, 2014
\"With the US economy picking up, we expect the figures to be favorable\", said Singapore-based Phillip Futures in a report on Tuesday.

Jacob Gronholt-Pedersen
Singapore, December 19, 2014
Oil companies have been announcing cuts in exploration and capital spending as the slump in crude prices makes projects uneconomical.

David Sheppard and Jacob Gronholt-Pedersen
Singapore, December 18, 2014
Brent this week dipped to its lowest since May 2009 at $58.50 a barrel due to rising production in US, weak economic growth and OPEC members' decision not to cut output.

Henning Gloystein
Singapore, December 16, 2014
International benchmark Brent crude has almost halved since reaching a 2014 high of $115 a barrel in June.

Henning Gloystein
Singapore, December 15, 2014
\"OPEC can ride out a slump in oil prices and keep output unchanged\", its head Abdullah al-Badri said, arguing market weakness did not reflect supply, demand fundamentals.

Alex Lawler
London, December 10, 2014
In a monthly report, Organization of the Petroleum Exporting Countries forecast that the demand for the group's oil will drop to 28.92 million barrels per day (bpd) in 2015.

Adam Rose
Beijing, December 9, 2014
Brent crude price for January delivery hit an intra-day low of US $65.33 on Tuesday, its lowest since September 2009.

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